SOUQ.com acquires Wing.ae to enhance delivery services
Wing.ae will continue to invest in growing its same and next day delivery service in the region,
SOUQ.com, a subsidiary of Amazon.com, has acquired Wing.ae as the companies enter a definitive agreement to offer faster shipping options for customers.
SOUQ.com had previously invested in Wing.ae, a marketplace for merchants and couriers in the UAE, but it now has the full backing from the e-commerce giant.
The acquisition aims to offer mobile and web-based delivery solutions for businesses and individuals, however Wing.ae will continue to invest in growing its same and next day delivery service in the region.
Ronaldo Mouchawar, CEO & co-founder, SOUQ.com, said: "At SOUQ.com, our customers will remain our key focus and we will continue to deliver an exceptional online shopping experience.
"Fast dependable delivery is key to this, and Wing.ae provides SOUQ.com customers with more convenience for their same and next day delivery. With Amazon's support, we are putting all our efforts in providing an ever-improving shopping experience for customers in the Middle East."
Muzaffar Karabev, CEO and co-founder, Wing.ae, added: "The UAE is a leading e-commerce and smart hub in the region, and in this demanding business we work to fill the logistics supply gaps to offer customers the excellent service they want as fast as possible.
"With the support of SOUQ.com, Wing will accelerate investments into our technology, infrastructure and regional coverage to provide innovative delivery solutions and to make online shopping for SOUQ.com customers and merchants even more convenient."